Micro Business Grant (GPM) aims to promote the development of micro enterprises through an integrated assistance programme that encompasses financial assistance and advisory services. This programme supports various capacity-building initiatives and improvement activities that help micro enterprises enhance productivity and accelerate growth.
Type of Assistance
Grant up tp 70% of the eligible expenses (maximum RM200,000)
Eligibility Criteria
- Having certification as a microenterprise in a valid SME Status Certificate [MSME Status] [MSME Definition]
- At least 60% local equity
- Having a valid Business Premise License from Local Authorities
- At least 6 months in operations
- Open to all economic sectors except sectors related to primary agriculture, financial, insurance, real estate, and securities trading sectors
Assistance Package
- Packaging & Labeling
- Advertising & Promotion
- Machineries & Equipment (Productivity & Automation)
- ICT Adoption & E-commerce
- Business premise rental limited to 12 months
- Related Activities for International Market Exploration & Training / Courses / Seminars / Conferences Related to Export
Processing Fees
- RM100 for application processing (charged after the application is approved)
- RM100 for appeal processing
Application
Application is open from 20th September 2023 until 31st October 2023 OR until the applications reach the maximum allocated commitment (whichever comes first).
For more information, please contact:
Info Line: 03-9213 0077
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
SME Corporation Malaysia
Level 4, SME 1, Block B, Platinum Sentral
Jalan Stesen Sentral 2, Kuala Lumpur Sentral
50470 Kuala Lumpur
DISCLAIMER
All commitments and assistance provided under this Programme are subject to fund availability. SME Corp. Malaysia reserves the right to terminate or suspend the Programme, or change the content or format of the Programme, at any time without notice to any party, and may demand an immediate cessation of any specific use of this Programme. SME Corp. Malaysia has the right to suspend, terminate, or block public access to this Programme at any time and for any reason. SME Corp. Malaysia will not be responsible for any loss or damage experienced by any party participating in this Programme.
Please note that SME Corp. Malaysia has never appointed consultants / third parties to fill in and submit applications under this Programme. If it is found that a company is using consultants / third parties, SME Corp. Malaysia has the right to automatically cancel / withdraw the company's application.
WARNING
Providing false or misleading information for the purpose of deceiving SME Corp. Malaysia is a criminal offense under the Penal Code, with penalties including imprisonment and caning, as well as the possibility of fines. Additionally, SME Corp. Malaysia reserves the right to deny any benefits, rewards, or assistance if false information is associated with an application.
SME Corp. Malaysia also wishes to highlight the provision under Section 17A of the Malaysian Anti-Corruption Commission Act 2009, which establishes the principle of corporate liability, whereby a commercial organisation commits an offense if any of its employees and/or associates engage in corruption for the organization's benefit. The commercial organization can be deemed liable regardless of whether its senior management or representatives are aware of the corrupt conduct committed by the employees or associates.
